China stocks retreat as steep factory price slump weighs; HK rises


The CSI300 index was down 0.6% at 3,950.30 points at the end of the morning session, while the Shanghai Composite Index slipped 0.4% to 3,013.71 points.

SHANGHAI: China stocks retreated on Tuesday, snapping their week-long winning streak, after data showed country's factory-gate prices had shrunk at the sharpest pace in three years in August, reinforcing the urgency for Beijing to step up stimulus.

The CSI300 index was down 0.6% at 3,950.30 points at the end of the morning session, while the Shanghai Composite Index slipped 0.4% to 3,013.71 points.

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